Posted on: 26th Mar, 2011 07:58 pm
My sister passed away and I was left as executor of her estate. Her house is not paid for and I have been renting it out just to pay a portion of the mortgage. I have been paying the balance out of my pocket. I would like to purchase the house to get the mortgage payments refinanced at a lower rate. Her two sons do not have any interest in purchasing it. Do I need to get them to sign a quitclaim since she did not specify anything about the house in her will. I will have to let it go into foreclosure if I can get lower mortgage rates.
Hi Ebony0925,
Welcoome to Mortgage fit,
In this case you should first ask your sister's two sons to apply for the heirship of the property in the local county office..once they get hold of the property they can quitclaim the deed to you..(if they are not minor) and then only you could be able to refinance it...
feel free to ask any further query if you have....
DIPA
Welcoome to Mortgage fit,
In this case you should first ask your sister's two sons to apply for the heirship of the property in the local county office..once they get hold of the property they can quitclaim the deed to you..(if they are not minor) and then only you could be able to refinance it...
feel free to ask any further query if you have....
DIPA